The nationwide environmental protection inspection that lasted from last year has directly affected the chemical industry. Although the factory had previously adjusted prices slightly, it was far below the increase in raw materials and labor costs. For a long time, the huge cost pressure has not been passed on to the customers but the manufacturers have to bear it. However, due to the environmental protection control which reduces the work time, the efficiency is greatly reduced. According to the current cost, the price of chemical raw materials will increase by 20%-50% from May 2018.

Chemical products, now both raw materials and labour cost are rising!

However, this is not the main reason. The main reason is that environmental inspections in various regions are strict and production is restricted.

Tips: Chemical prices will generally rise in 2018.